Category: Business

M&M Financial Services falls on poor Q3 profit but brokerages foresee up to 50% upside

LIC IPO: Because the last quarter of the financial year will end, all eyes are in the Mega initial public offering (IPO) of LIC. The government tends to be a draft paper for LIC IPO with market regulators next week, the PTI news agency reported quoting the top officials. Minister of Finance Nirmala Sitharaman in…

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ITC Q3 Preview | Cigarette volumes could return to pre-Covid levels, strong growth likely in FMCG & hotels

The second largest FMCG company in terms of market capitalization, is expected to provide healthy growth in FMCG supported by a powerful product portfolio and a hotel segment with higher mobility, while the volume of cigarettes can return to the pre-covid level in the quarter ending December 2021 Low base last year. The company will…

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Budget 2022 | ITC shares gain nearly 3% as tobacco, cigarette tax left untouched

ITC shares see the interest in February 1 because the tax on cigarettes and other tobacco products is not touched by the Minister of Finance Nirmala Sitharaman in its budget for 2022-23. When the business of cigarettes or tobacco contributes more than 40 percent of the company’s income, the road is always changing carefully on…

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Didn’t want anyone to go through what I did: Farmer after apology from Mahindra staffer

Bengaluru, Jan 30 (IANS) The planter from Tumakuru quarter in Karnataka, who shot to fame for arranging Rs 10 lakh in 30 twinkles after being disrespected by staff of Mahindra exchange, said that he protested against the treatment allocate out to him with an intention to help any similar experience to others Kempe Gowda was…

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Zomato, Paytm shares fall to lowest since listing. What should investors do?

New age tech stocks Zomato and Paytm continued to remain under pressure moment, hitting their separate lows since listing. Zomato drooped over 18 in Monday’s early deals to ₹ 92 all on the BSE. On the other hand, Paytm shares were trading nearly 4 lower at ₹ 924 all. The food delivery platform Zomato got…

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Banks To Remain Closed On These Days In January 2022: Full List Here

Bank holidays in January 2022: Banks will remain closed because some festivals this month are under the instruments that can be negotiated acting in several countries. Some of the festivals observed this month including Bihu, Pongal / Sankranti Makar, among others, because where banks in some countries will still be closed according to the actions…

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